Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario (BSP:SAPI11) Capex-to-Operating-Income Explanation
Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario Capex-to-Operating-Income Related Terms
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario Capex-to-Operating-Income Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario Capex-to-Operating-Income Chart
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario Annual Data
Trend
Dec23
Dec24
Dec25
Capex-to-Operating-Income
0.00
0.00
0.00
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario Semi-Annual Data
Dec23
Dec24
Dec25
Capex-to-Operating-Income
0.00
0.00
0.00
BSP:SAPI11 vs BLK, BX, KKR: Capex-to-Operating-Income Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario Capex-to-Operating-Income vs Asset Management Industry
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Capex-to-Operating-Income of 0.00 mean?
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario (BSP:SAPI11) has a Capex-to-Operating-Income of 0.00 as of Dec. 2025. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Santander Papeis Imobiliarios Fundo De Investimento Imobiliario and its competitors. According to the industry distribution chart, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario ranks #999999 out of 192 companies in the Asset Management industry.
Is Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's Capex-to-Operating-Income too high?
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's current Capex-to-Operating-Income is 0.00. Based on the distribution chart, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario ranks #999999 out of 192 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's Capex-to-Operating-Income compare to BLK and BX?
According to the Asset Management industry distribution chart, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario ranks #999999 out of 192 companies for Capex-to-Operating-Income. This places Santander Papeis Imobiliarios Fundo De Investimento Imobiliario in the lower half of its industry. The industry median Capex-to-Operating-Income is 0.08. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capex-to-Operating-Income for an Asset Management company?
The median Capex-to-Operating-Income among Asset Management companies is 0.08, based on 192 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Income significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Capex-to-Operating-Income mean?
A high Capex-to-Operating-Income can signal that a stock is expensive relative to its fundamentals. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Santander Papeis Imobiliarios Fundo De Investimento Imobiliario and its competitors. For the Asset Management industry, the median Capex-to-Operating-Income is 0.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's current Capex-to-Operating-Income is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Santander Papeis Imobiliarios Fundo De Investimento Imobiliario stock overvalued right now?
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario (BSP:SAPI11) has a current Capex-to-Operating-Income of 0.00. The current Capex-to-Operating-Income is 0.00. Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's overall GF Score™ is 17/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Income calculated?
Capex-to-Operating-Income is calculated from a company's financial statements. For Santander Papeis Imobiliarios Fundo De Investimento Imobiliario (BSP:SAPI11), the current Capex-to-Operating-Income is 0.00 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario is a Real Estate Fund that invests mainly in CRI's (Real Estate Receivables Certificates). The Fund's objective is to seek out businesses with low credit risk, diversifying the allocation in CRIs indexed to the IPCA and/or CDI, in addition to having monthly distribution of dividends.
17GF Score
Get the complete analysis for BSP:SAPI11
Capex-to-Operating-Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:SAPI11 has been successfully added to your 
